It highlighted double-digit percentage growth across its Scotch whisky, Tequila, and beer portfolios, with Guinness recording its "biggest year" in its 264-year history. READ MORE: Scotch whisky boss who 'challenged the status quo' retiresThe results were announced on the day a new alcohol duty system was introduced in the UK, which has resulted in the largest duty increase on Scotch whisky in 40 years. The change, which was first announced in the Spring Budget, will increase the tax burden on the average priced bottle of Scotch whisky to 75% from 70%. Ewan Andrew, Diageo’s global supply chain and procurement president and chief sustainability officer, said the company's whisky sales during the period had been “across the board”. That is a massive number and nearly a quarter are choosing Johnnie Walker.

Source: The Herald August 02, 2023 06:26 UTC